Vancouver, B.C.
- Christopher James Gold Corp (CJG - TSX.V) (the "Company") has received assay results for the remaining drill holes on the Bonanza Zone, part of the Ranch Project, in the Toodoggone District of northern British Columbia. The 2007 drill program, which was completed in the first week of September, consisted of 45 holes, for a total of 7,193 metres.
Highlights of results for the last nine holes on the Bonanza Zone are summarized in the table below. The 2007 drill program on the Bonanza Zone consisted of 29 inclined holes in six east-west fences spaced 25 metres apart. The program was designed to test the continuation of previously-defined shallow mineralization (top 50 metres) to a depth of 175 vertical metres. Holes 20 to 29 were drilled on the eastern and western extremities of the known mineralization.
Hole ID
|
From (metres)
|
To (metres)
|
Interval (metres)
|
Gold (grams/tonne)
|
Interval (feet)
|
Gold (ounces/ton)
|
|
|
|
|
|
|
|
A07-021
|
23
|
27
|
4
|
1.95
|
13.12
|
0.06
|
|
|
|
|
|
|
|
A07-026
|
13
|
19
|
6
|
6.88
|
19.69
|
0.20
|
|
|
|
|
|
|
|
A07-029
|
46
|
50
|
4
|
2.97
|
13.12
|
0.09
|
The lower grade of these intercepts, compared to the previous holes, shows that mineralization does not extend laterally beyond the limits established by previous drilling. Neither the first 20 holes (see press release August 14, 2007 and the table below), nor the remaining nine reported here, show significant gold grade at more than 60 metres below surface. The bulk of the mineralization is developed within a 300 metre-long by 20 metres wide structure that has been intruded by late- and post-mineral dykes. These dykes break up the continuity of mineralization in the upper 60 metres, and appear to be responsible, to some degree, for the lack of significant grades at depths.
These late- and post-mineral dykes, have not been observed to date at the Thesis Zone, where grades of up to 5 g/t gold have been intersected to depths of 120 metres, suggesting that the limited depth potential observed at the Bonanza Zone, need not necessarily apply across the entire project area. Assay results for the Mickey and Thesis Zones should be available in several weeks.
Company President and CEO, Dr. E. Max Baker, commented:
"The Bonanza Zone contains impressive intercepts in the upper central part of the system, as summarized in our news release of August 14th
. Although it is unfortunate that we have been unable to demonstrate the continuity of this mineralization to depth with this round of drilling, the potential of the project as a significant producer of high-grade gold remains."
Quality Assurance and Control
The 2007 exploration program and interpretation of data, was conducted under the supervision of Barney Bowen, BSc. P.Geo, a qualified person under National Instrument 43-101. This news release was prepared in conjunction with Max Baker, PhD, Member a member of the AusIMM and qualified person under National Instrument 43-101.
Drill core was sawn in half, with one half stored for future reference. Sampling and assaying procedures were subject to a rigorous QA/QC program, which included insertion of standards and blanks for each batch of samples. All samples were shipped in sealed packages to ALS in Vancouver for preparation and analyses.
Mineralized intervals reported are down-hole lengths and may not represent the true width of mineralization; grades are reported as weighted averages; and core recoveries were sufficiently high that no adjustments were applied to reported grades to compensate for core loss.
About Christopher James Gold Corp.
Christopher James Gold Corp. is a Canadian mineral exploration company trading on the TSX Venture Exchange, under the symbol "CJG". The Company currently has over six million dollars in treasury and is actively reviewing gold exploration projects with the potential to develop multi-million ounce resources.
In Central British Columbia, the Company has the exclusive option to acquire 100% of Guardsmen Resources Inc., a private company that owns a number of highly-prospective properties in northern British Columbia, including the Ranch and Lawyers properties.
In southern British Columbia, the Company owns 100% of the copper and gold rights to the historic Craigmont mine, in addition to 100% ownership of the Brassie Creek, Big Kidd, and Portage Lake gold properties.
CHRISTOPHER JAMES GOLD CORP.
Dr. E. Max Baker, President and CEO
FURTHER INFORMATION:
Dr. E. Max Baker, President and CEO
John Glanville, Investor RelationsTel: 604 408 8829
Visit the Company's website at www.christopherjamesgold.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.